North Company has completed all of its operating budgets. The sales budget for the vear shows 50,000 units and total sales of $2.250.000, The totat cost of producing one unit is $25, Selling and administratlve expertses are expected to be $300,000 interest is estimated to be $10,000. Income taxes are estimated to be $200,000. Prepare a budgeted multiple-step income statement for the year ending December 31.2025